digital

Barnes & Noble may sell off Nook unit

Barnes & Noble may sell of its Nook business unit amid significant losses and low sales.

Global data equivalent to US covered in 13 layers of books

Can you guess the amount of information stored in the world? Scientists have measured the data available and found it to be 295 exabytes by 2007. An exabyte is equal to ten to the power of 18 bytes. Scientists say that information is equivalent to 1.2 billion hard drives.

Intel gets Black Eyed Peas' will.i.am on board

Intel announced on Tuesday that Black Eyed Peas singer, will.i.am has joined the chip maker giant as a director of creative innovation.

This Week's 5 Dumbest Stock Moves

 Stupidity is contagious. It gets us all from time to time. Even respectable companies can catch it. As I do every week, let's take a look at five dumb financial events this week that may make your head spin.

 

Don't Get Caught With These 3 Stocks in 2011

More often than not, investors focus on finding the world's next big stock -- and for good reason. Buying a stock before it's about to skyrocket can launch you from rags to riches. However, it's almost as important to steer clear of the debris on your way toward investing prowess. That's why we've identified three stocks you don't want to touch with a ten-foot pole.

Maybe Next Christmas, Google TV

 After a rocky two months, Google (Nasdaq: GOOG) isn't giving up on Google TV. In fact, this morning the company is upgrading its platform in four meaningful ways:

 

News Corp gearing up to launch iPad only newspaper

Rupert Murdoch's News Corporation is gearing up to launch a newspaper for the iPad, according to several media reports.

U.S. romance novel publisher going digital

New York -- A major U.S. publisher of paperback books says it is giving up mass-market print books and will make them available only on a digital or print-on-demand basis.

Dorchester Publishing in New York decided to make the switch after seeing its book sales plummet 25 percent overall last year with steep declines in orders from key major retailers, The Wall Street Journal said.

Dorchester churns out multiple bargain-priced titles in the romance, horror, western and other genres for sale in specialized book stores as well as major big-box department stores. The company expects digital sales to double next year.

Consumers spending more on digital data

New York -- U.S. consumers are spending increasing amounts staying connected to the digital world through phone, computer and game platforms, the government said.

In 2004, the average bill for telecommunications services came to $771 per year. That figure reached $903 per year by 2008 and is expected to hit $997 this year, The New York Times reported Tuesday using data from the Census Bureau.

Not only has the prices of telecommunication link-ups risen faster than inflation, but demand rises with each new gadget or feature, like text messaging, which was almost unheard of 10 years ago.

Kindle becomes most gifted Amazon item ever

Seattle, December 27 -- The post-Christmas annual statement by Amazon.com has revealed that its Kindle e-book has become the most-gifted Amazon item ever this Christmas.

Best Buy to launch digital movie service

New York, November 3 -- Best Buy is already selling services online, but to emerge as a bigger player in this segment, the company is expected to announce today a tie-up with Sonic Solutions' Roxio CinemaNow to launch digital movie service.